When I do the final check it asks for an explanation of a certain amount of money. Generally, I look around and find out it comes from an IRA contribution. It would be helpful if the program identified the answer to this discrepancy.
This is approximately the seventh consecutive year that I purchased a version of H&R Block's Premium Software package to complete our household's Federal and State taxes. As such, this specific review pertains to the 2023 tax year.
Pros: Easy to prepare, Maximizes refund, Easy to import documents, Fast
One of my sons used the "Back door" Roth contribution this year because his traditional IRA contribution would not have been deductible. In order to get the 8606 form withdrawal non taxable because the money went in and came out on the same day, I had to work around your software. Fortunately I am a retired CPA, Your software instructions do not cover that situation.
Pros: Easy to prepare, Maximizes refund, Easy to import documents
I have been using H&R Block tax programs for twenty plus years. The interface and ease of use is wonderful. The ability to make changes and change line items to evaluate their impact is great. I’m a committed customer.